Thread: Price difference between second hand models

Perhaps because the Rangerover is a more upmarket vehicle, and hence there is less demand for second hand vehicles - a larger proportion of Rangerover buyers will only buy new, so the secondhand price drops until it becomes attractive to people who are probably really Discovery buyers, but will consider a RR if cheap enough - they are frightened by maintenance costs. Whereas Discovery buyers are less fixated on having a brand new one.

Dunno if that holds water!

John

Originally Posted by JDNSW

Perhaps because the Rangerover is a more upmarket vehicle, and hence there is less demand for second hand vehicles - a larger proportion of Rangerover buyers will only buy new, so the secondhand price drops until it becomes attractive to people who are probably really Discovery buyers, but will consider a RR if cheap enough - they are frightened by maintenance costs. Whereas Discovery buyers are less fixated on having a brand new one.

Dunno if that holds water!

John

holds enough water with me JD, sounds pretty right and makes sense. If i was to buy a D3 over a range rover second hand the servicing costs would be my main thought, but in reality would the servicing costs be that different. A question for drivesafe maybe, he owns 1 of each.

Have you thought about a Range Rover Sport instead of the Range Rover?

Garry

I thought the rule was that the more expensive the car is the faster and harder the depreciation is.

Originally Posted by Grumbles

I thought the rule was that the more expensive the car is the faster and harder the depreciation is.

That is right - the question was why? And that is what i tried to answer.

John

Originally Posted by garrycol

Have you thought about a Range Rover Sport instead of the Range Rover?

Garry

I have Garry yes, the prices of the RRS also seem to hold better then the Range Rover, there isnt a single vehicle under 50k on Carsales. Maybe in a couple years they may have some down into my price range so will consider them then.

Im open to all of the three, but will be setting a budget when the times comes of around $40000-45000. Want to save up a decent deposit between now and then so that i can minimise how much a need to get from the bank, and give me time to do a stupid amount of research


Grumbles, yeah that generally is the case, im just wondering why and JD's answer makes alot of sense.

Anyone else got any ideas?

Have a look at the fully sick wheels on this one. They dont look to bad, but totally useless on a 4wd.